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Favelle Favco to Acquire France-based Seram Industries In Deal Worth Up To RM47.45 Mln
KUALA LUMPUR, Jan 12 (Bernama) -- Favelle Favco Bhd plans to acquire France-based Seram Industries SAS in a deal worth up to RM47.45 million.
Vantris Energy's Unit To Dispose Stake In L&T-Sapura Shipping For US$30.5 Mln In Total Consideration
KUALA LUMPUR, Jan 12 (Bernama) -- Vantris Energy Bhd’s indirect wholly-owned subsidiary, Sapura Nautical Power Pte Ltd, will divest its 40 per cent equity interest in L&T-Sapura Shipping Pvt Ltd to its India-based joint venture partner Larsen &Toubro Ltd for a total disposal consideration of US$30.5 million (US$1 = RM4.05).
Sunway Proposes Conditional Takeover Offer To Acquire IJM Corp At RM3.15 Per Share
KUALA LUMPUR, Jan 12 (Bernama) -- Sunway Bhd has proposed a conditional voluntary takeover offer to acquire the entire 3.51 billion shares in IJM Corp Bhd at an offer price of RM3.15 per share.
Bursa Malaysia Climbs To Fresh 6-year High On Sustained Buying Interest
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 12 (Bernama) -- Bursa Malaysia’s benchmark index extended its upward momentum to close at a fresh six-year high today, supported by sustained buying interest in heavyweight and plantation stocks, in tandem with stronger performances across regional markets.
Bursa Malaysia Firms In Early Trade, KLCI Holds Above 1,680
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 12 (Bernama) -- Bursa Malaysia strengthened in early trade, tracking Wall Street’s gains from the previous week, as improved investor sentiment underpinned buying interest.
Uptrend Seen For Bursa Malaysia Next Week
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 10 (Bernama) -- Bursa Malaysia is expected to see an uptrend next week as the market should remain constructively supported, said an analyst.
Bursa Malaysia Ends Higher, CI Hit More Than Six-year High
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 9 (Bernama) -- Bursa Malaysia concluded the week on a stronger note, with the benchmark index reaching a more than six-year high due to continued buying of blue-chip stocks, aligning with the performance of stronger regional markets.
Bursa Malaysia's Key Index Ends 0.43 Pct Lower On Profit-taking
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 8 (Bernama) -- Bursa Malaysia’s benchmark index closed lower on Thursday amid profit-taking in big-cap stocks, as investors shifted their focus to smaller-cap counters against the backdrop of weaker regional market performance.
Ringgit Ends Lower After Trump's Warning To Defence Firms Drives Safe-haven Demand
KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit ended marginally lower against the US dollar on Thursday, as investors shifted to safe-haven assets following US President Donald Trump’s warning to defence contractors, an analyst said.
Bursa Malaysia's Key Index Ends 043 Pct Lower On Profit-taking
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 8 (Bernama) -- Bursa Malaysia’s benchmark index closed lower on Thursday amid profit-taking in big-cap stocks, as investors shifted their focus to smaller-cap counters against the backdrop of weaker regional market performance.
Bursa Malaysia's Key Index Rebounds 0.27 Pct On Heavyweight Buying
KUALA LUMPUR, Jan 7 (Bernama) -- Bursa Malaysia’s benchmark index rebounded from earlier losses to close at its intraday high on Wednesday, gaining 0.27 per cent in late trading as buying interest returned to selected heavyweights.